In Brief: Auburn of Alabama Revises 3Q Data

Auburn National Bancorp in Auburn, Ala., has restated third-quarter earnings to account for a $600,000 boost in loan-loss reserves.

The revision puts net income at $346,000, or 9 cents a share, for the three months that ended Sept. 30, against $689,000, or 18 cents, initially reported. In the year-earlier period net income was $484,000, or 12 cents a share.